Major League Soccer expansion franchise Austin FC has reached a naming rights deal for its new $260 million stadium with Q2 Holdings, Inc., a developer of online banking software.
Financial terms of the deal were not released at Monday's announcement for rebranding Q2 Stadium, a 20,500-seat facility that was a major link to bringing the club to Austin.
As part of the deal, Austin-based Q2 and Austin FC will send about $150,000 to local non-profit organizations.
The deal is another layer of the club signing financial deals with Austin-based companies. YETI, a drinkware and cooler company, is the official jersey sponsor.
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The stadium is still under construction and isn't expected to host an MLS match until June. The league announced Monday it plans to start the 2021 season April 3.